Episode 418

Every week Max Keiser looks at all the scandal behind the financial news headlines. 

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Wall Street clients who have no yachts, and the American workers taking on second and third jobs. They also discuss the trillions in debt incurred just to keep the economy going nowhere. In the second half of the show, Max Keiser talks to Steve Keen, author of ‘Debunking Economics,’ about central bankers smoking their own bellybutton lint, with Ben Bernanke behaving like an Easter Islander trying to revive the past. Professor Keen says we need to get back to capitalism where we borrow to build a factory, not to build a derivative to rip someone off. And, finally, they discuss Keen’s Kickstarter project called ‘Minsky’ – reforming economics with visual monetary modeling.